EQIX · Equinix Inc
$1,046.79
-36.96 (-3.41%)
At close · Jul 27
Market Cap
$103.24B
Shares
98.62M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$9.22B
+5.4%
FY2025
Net Income
$1.35B
+65.6%
FY2025
Gross Margin
51.09%
+2.2pp
FY2025
Operating Margin
20.05%
+4.9pp
FY2025
Diluted EPS
$13.76
+61.9%
FY2025
Operating Cash Flow
$3.91B
+20.4%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | FY2026 (G) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $10.14B – $10.24B | $9.44B | $9.22BG | $8.75BG | $8.19BG | $7.26BG | $6.64BG | $6B | $5.56B | $5.07B | $4.37B | $3.61B | $2.73B | $2.44B | $2.15B | $1.89B | $1.57B | $1.2B | $882.51M | $704.68M | |
| — | $4.61B | $4.51B | $4.47B | $4.23B | $3.75B | $3.47B | $3.07B | $2.81B | $2.61B | $2.19B | $1.82B | $1.29B | $1.2B | $1.06B | $944.62M | $829.02M | $652.16M | $483.42M | $414.8M | |
| — | $4.83B | $4.71B | $4.28B | $3.96B | $3.51B | $3.16B | $2.92B | $2.75B | $2.47B | $2.18B | $1.79B | $1.43B | $1.25B | $1.09B | $942.76M | $736.6M | $544.06M | $399.09M | $289.88M | |
| — | — | 51.09% | 48.94% | 48.36% | 48.35% | 47.67% | 48.75% | 49.48% | 48.63% | 49.8% | 49.59% | 52.62% | 50.98% | 50.56% | 49.95% | 47.05% | 45.48% | 45.22% | 41.14% | |
| — | $915M | $903M | $891M | $855M | $787M | $741.23M | $718.36M | $651.05M | $633.7M | $581.72M | $438.74M | $332.01M | $296.1M | $246.62M | $202.91M | $158.35M | $110.77M | $63.58M | $66.91M | |
| — | $1.85B | $1.84B | $1.77B | $1.65B | $1.5B | $1.3B | $1.09B | $935.02M | $826.69M | $745.91M | $694.56M | $493.28M | $438.02M | $374.79M | $328.27M | $265.55M | $220.62M | $155.32M | $146.56M | |
| — | — | $200M | $208M | $208M | $205M | $205.48M | $199.05M | $196.28M | $203.42M | $177.01M | $122.86M | $27.45M | $27.76M | $27.03M | $23.58M | $19.06M | $13.63M | $5.56M | $6.61M | |
| — | $2.11B | $2.05B | $2.01B | $1.85B | $1.74B | $1.66B | $1.42B | $1.28B | $1.23B | $1.04B | $837.21M | $525.58M | $481.69M | $432.73M | $390.69M | $333.73M | $250.72M | $173.53M | — | |
| — | $29M | $33M | $31M | $0 | $0 | — | — | — | — | — | — | $0 | $0 | -$4.84M | — | $3.48M | $6.73M | -$6.05M | $3.14M | |
| — | $7.47B | $7.37B | $7.42B | $6.75B | $6.06B | $5.53B | $4.95B | $4.39B | $4.09B | $3.56B | $2.99B | $2.16B | $1.93B | $1.69B | $1.49B | $1.26B | $1B | $701.43M | $631.42M | |
| — | $1.97B | $1.85B | $1.33B | $1.44B | $1.2B | $1.11B | $1.05B | $1.17B | $977.38M | $809.01M | $618.74M | $567.34M | $509.27M | $460.93M | $392.9M | $305.92M | $193.6M | $181.08M | $73.26M | |
| — | — | 20.05% | 15.18% | 17.62% | 16.52% | 16.7% | 17.55% | 21.03% | 19.27% | 18.52% | 17.13% | 20.81% | 20.84% | 21.41% | 20.82% | 19.54% | 16.18% | 20.52% | 10.4% | |
| — | $4.08B | $3.9B | $3.34B | $3.29B | $2.94B | $2.76B | $2.48B | $2.45B | $2.2B | $1.85B | $1.46B | $1.09B | $990.96M | $893.66M | $783.59M | $639.65M | $444.32M | $354.61M | — | |
| — | $553M | $527M | $457M | $402.02M | $356.34M | $336.08M | $406.47M | $479.68M | $521.49M | $478.7M | $392.16M | $299.06M | $270.55M | $248.79M | $200.33M | $181.3M | $140.48M | $74.23M | $61.68M | |
| — | $187M | $193M | $137M | $94M | $36M | $2.64M | $8.65M | $27.7M | $14.48M | $13.08M | $3.48M | $3.58M | $2.89M | $3.39M | $3.47M | $2.28M | $1.52M | $2.38M | $8.94M | |
| — | -$15M | -$7M | -$17M | -$11M | -$51M | -$50.65M | $6.91M | $27.78M | $14.04M | $9.21M | -$57.92M | -$60.58M | $119K | $5.25M | -$2.21M | $2.82M | $692K | $2.39M | $1.31M | |
| — | -$13M | -$17M | -$24M | -$12M | -$9M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | $1.59B | $1.51B | $975M | $1.12B | $829M | $608.95M | $516.23M | $692.6M | $433.04M | $286.83M | $159.86M | $211M | $84.73M | $112.28M | $188.62M | $129.72M | $48.78M | $109.03M | $20.31M | |
| — | $167M | $160M | $161M | $155M | $124M | $109.22M | $146.15M | $185.35M | $67.68M | $53.85M | $45.45M | $23.22M | $345.46M | $16.16M | $58.56M | $37.35M | $12.56M | $39.6M | -$87.62M | |
| — | $1.42B | $1.35B | $815M | $969M | $705M | $500.19M | $369.78M | $507.45M | $365.36M | $232.98M | $126.8M | $187.77M | -$259.55M | $94.69M | $140.03M | $94.78M | $36.88M | $69.43M | $107.92M | |
| — | — | 14.65% | 9.32% | 11.83% | 9.71% | 7.54% | 6.16% | 9.12% | 7.2% | 5.33% | 3.51% | 6.89% | -10.62% | 4.4% | 7.42% | 6.05% | 3.08% | 7.87% | 15.32% | |
| — | -$2M | -$2M | -$1M | $0 | $0 | -$463K | $297K | -$205K | $0 | $0 | — | — | — | — | -$3.12M | $1.39M | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $82.53M | $36.88M | $69.43M | — | |
| — | $1.64B | $1.73B | $370M | $1.07B | $401M | $327.81M | $391.02M | $518.54M | $206.97M | $396.94M | -$313.28M | $11.16M | -$458.91M | $81.96M | $182.68M | $63.1M | $22.1M | $124.99M | -$40.99M | |
| USD/shares | — | — | $13.79 | $8.54 | $10.35 | $7.69 | $5.57 | $4.22 | $6.03 | $4.58 | $3.03 | $1.81 | $3.25 | -$4.96 | $1.92 | $2.92 | $1.77 | $0.84 | $1.80 | $2.91 |
| USD/shares | $42.31 – $43.11* | — | $13.76 | $8.50 | $10.31 | $7.67 | $5.53 | $4.18 | $5.99 | $4.56 | $3.00 | $1.79 | $3.21 | -$4.96 | $1.89 | $2.83 | $1.74 | $0.82 | $1.75 | $2.79 |
| shares | — | — | 97.88M | 95.46M | 93.62M | 91.57M | 89.77M | 87.7M | 84.14M | 79.78M | 76.85M | 70.12M | 57.79M | 52.36M | 49.44M | 48M | 46.96M | 43.74M | 38.49M | 37.12M |
| shares | — | — | 98.12M | 95.83M | 94.01M | 91.83M | 90.41M | 88.41M | 84.68M | 80.2M | 77.54M | 70.82M | 58.48M | 52.36M | 50.12M | 51.82M | 47.9M | 44.81M | 39.68M | 41.58M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2011–FY2025: $446.79M in buybacks, $11.32B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
Peer median 9.74×
EV/EBIT
—
Peer median 27.68×
P/E (TTM)
72.39×
Peer median 30.63×
Peer medians compare against the 9 similar-size REIT - Specialty companies (of 19 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Americas Segment | $4,111,000,000 | $3,862,000,000 | $3,617,000,000 | $3,349,000,000 | $3,021,751,000 | $2,707,758,000 | $2,587,727,000 | $2,484,734,000 |
| EMEA Segment | $3,130,000,000 | $2,967,000,000 | $2,838,000,000 | $2,342,000,000 | $2,155,216,000 | $1,996,389,000 | $1,806,444,000 | $1,562,637,000 |
| Asia Pacific Segment | $1,976,000,000 | $1,919,000,000 | $1,733,000,000 | $1,572,000,000 | $1,458,570,000 | $1,294,398,000 | $1,167,969,000 | $1,024,283,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| United States | $3,600,000,000 | $3,300,000,000 | $3,100,000,000 | $2,900,000,000 | $2,600,000,000 | $2,500,000,000 | $2,400,000,000 | $2,300,000,000 |
| United Kingdom | — | — | $822,000,000 | — | — | — | — | — |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Colocation | $6,475,000,000 | $6,058,000,000 | $5,765,000,000 | $5,083,000,000 | $4,642,214,000 | $4,259,001,000 | $4,022,207,000 | $3,670,171,000 |
| Interconnection | $1,655,000,000 | $1,519,000,000 | $1,395,000,000 | $1,268,000,000 | $1,161,502,000 | $1,023,258,000 | $893,589,000 | $801,965,000 |
| Non-Recurring Revenues | $478,000,000 | $564,000,000 | $443,000,000 | $392,000,000 | $415,052,000 | $340,515,000 | $323,954,000 | $295,152,000 |
| Managed Infrastructure | $466,000,000 | $467,000,000 | $452,000,000 | $415,000,000 | $380,857,000 | $337,345,000 | $292,628,000 | $279,632,000 |
| Other | $143,000,000 | $140,000,000 | $133,000,000 | $105,000,000 | $35,912,000 | $38,426,000 | $29,762,000 | $24,734,000 |
Key facts
CIK
1101239
CUSIP
29444U700
13F (30d)
401 filings
372 filers
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